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| June 2006 |
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Education and earnings Lucy Chung Between 1980 and 2000, and particularly the latter half of the 1990s, the earnings gap widened between young workers who were less-educated and those who were well-educated. Some research attributes the gap to technological change, which requires a workforce that is more skilled and better educated. The subsequent demand resulted in higher wages for such workers and hence increased returns to education. However, the past five years have seen strong job growth in industries that employ many young people with less education. How has the earnings gap been affected? |
The GST credit Raj K. Chawla The GST (goods and services tax) provided $30.6 billion to the federal government in 2002/2003. Of this, $2.9 billion was paid back as a credit to taxfilers aged 16 and older based on their income. How many individuals received the GST credit, and who are they? Does this credit help to redistribute income?
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